| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $284M | $248M | $171M | 14.8% | 66.6% |
| Op. Income | $51M | $53M | $71M | -2.5% | -27.2% |
| Gross Margin | 48.8% | 57.2% | 88.6% | -8.3pp | -39.8pp |
| Net Margin | 13.4% | 15.8% | 30.5% | -2.4pp | -17.2pp |
| EPS (Diluted) | $0.32 | $0.33 | $0.43 | -3.0% | -25.6% |
| Free Cash Flow | $122M | $73M | $81M | 66.2% | 50.9% |
| Item | Amount |
|---|---|
| REVENUE | $284M |
| Cost of Revenue | $146M |
| GROSS PROFIT | $139M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $57M |
| SG&A Expenses | $57M |
| Other Expenses | $30M |
| Operating Expenses | $87M |
| Cost & Expenses | $233M |
| OPERATING INCOME | $51M |
| Interest Income | $267M |
| Interest Expense | $136M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $51M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $38M |
| D&A | $0 |
| EBIT | $51M |
| EBITDA | $51M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $284M |
| Cost of Revenue | $146M |
| GROSS PROFIT | $139M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $57M |
| SG&A Expenses | $57M |
| Other Expenses | $30M |
| Operating Expenses | $87M |
| Cost & Expenses | $233M |
| OPERATING INCOME | $51M |
| Interest Income | $267M |
| Interest Expense | $136M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $51M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $38M |
| D&A | $0 |
| EBIT | $51M |
| EBITDA | $51M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $38M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$924.0K |
| Other Non-Cash Items | $29M |
| Change in Working Capital | $56M |
| OPERATING CASH FLOW | $126M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$179M |
| Sales/Maturities of Investments | $192M |
| Other Investing Activities | $257M |
| NET CASH FROM INVESTING | $266M |
| Net Debt Issuance | -$76M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$17M |
| Other Financing Activities | -$209M |
| NET CASH FROM FINANCING | -$302M |
| FREE CASH FLOW | $122M |
| Net Change in Cash | $90M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.3B |
| Short-Term Investments | $1.9B |
| Net Receivables | $60M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.3B |
| PP&E (Net) | $104M |
| Goodwill | $464M |
| Intangible Assets | $5M |
| Long-Term Investments | $15.1B |
| Tax Assets | $146M |
| Other Non-Current Assets | $269M |
| TOTAL NON-CURRENT ASSETS | $16.1B |
| TOTAL ASSETS | $20.4B |
| Account Payables | $109M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $15.6B |
| TOTAL CURRENT LIABILITIES | $15.7B |
| Long-Term Debt | $2.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $144M |
| TOTAL NON-CURRENT LIABILITIES | $2.6B |
| TOTAL LIABILITIES | $18.3B |
| Common Stock | $137.0K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | $1.1B |
| Treasury Stock | -$265M |
| Accum. Other Comp. Income | -$229M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $20.4B |
| Total Debt | $2.4B |
| Net Debt | $123M |
